SAS and the Economy
SAS has created this page to communicate information regarding its continuing response to the economic downturn and global financial crisis. More information will be added as it becomes available.
Click here for more information about Penn and the economy.
March 16, 2009
As I am sure you are all aware, the global economic turmoil has continued since I wrote to you last fall, and it shows no sign of abating soon. Recently President Gutmann sent the entire University an update on the effects of the economy on Penn as a whole (you can see her statement at http://www.upenn.edu/ pennnews/economy.php). In turn, the leadership of SAS has been working closely with chairs, directors, and other faculty and staff to plan SAS's budget for the upcoming year and beyond. Read more.
December 4, 2008
I am writing to communicate with you about the impact of the economy on the School of Arts and Sciences and the steps we intend to take to secure our present and future financial strength. As you have seen from President Gutmann's memo to the University community, Penn is not immune to the effects of the turmoil in the economy, and SAS will be affected by those changes. This economic crisis is both unprecedented and volatile, and it is likely to have an impact on the University and the School for several years. All SAS faculty and staff share in this challenge, and it will require our collective efforts to address it. Read more.